Author: James Rundle
Source: Sell-Side Technology | 03 Apr 2012
Categories: Complex Events Processing | Exchange Technologies
New system based on Delta Stream CEP technology.
First Derivatives has announced the successful completion and delivery of a new real-time derivatives reporting system to Singapore Exchange (SGX), named Project MARS.
Based on its Delta Stream complex events processing (CEP) technology, Project MARS captures all trade and messaging data in SGX's systems, providing real-time and historical reports. This is the third bespoke project that First Derivatives has completed for the exchange, having previously supplied monitoring systems for market makers and equities trading in real-time.
"There's a strong focus globally on managing risk within exchange environments," says John Miller, director, Asia at First Derivatives. "The speeds at which market participants are moving mean exchanges need to adapt quickly to be able to keep up. It's great to see SGX leading the way in this within our region, and we are very pleased to have been able to deliver the solution they needed to do that."
More from Sell Side Technology
Related Articles
Latest Media
Events
Updating your subscription status
Voting now open -- WATERS RANKINGS 2013
Our 11th annual survey is now open and you get the chance to choose your best solutions and technology providers. Waters Rankings 2013 features 26 hotly contested awards - so have your say.
Events
Email Alerts
Latest Whitepapers
Complex, dated and unwieldy data infrastructure is not uncommon among even the most progressive companies in the world of finance. As financial regulations...
With the launch of a new legal entity identifier (LEI) looming, the financial services industry needs to get ready to ensure efficient and timely implementation...
Visitor comments Add your comment